Investment Banking MC

Big banks told to brace for diversity legislation

Posted by Anton Murray Consulting on . Posted in Investment Banking MC


PwC is advising its high-level clients, including major banks and CEO-level leaders, to plan for government-mandated reporting and diversity policies. Women account for only 26.7 per cent of ASX 200 directorships according to AICD figures, and the average OECD woman earns about 15 per cent less than her male counterparts, according to PwC. The persisting inequities create a climate for legislative intervention which large Australian businesses will need to brace for, according to PwC’s chief diversity and inclusion officer Julie McKay.

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